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Cable Update (GBPUSD)

  • #95,261
  • Nov 3, 2008 8:34am Nov 3, 2008 8:34am
Argh, moved all night again, missed it all!

oh well, thats what you get for being a PT trader!
  • #95,262
  • Nov 3, 2008 8:36am Nov 3, 2008 8:36am
My 2min chart say go long bro.
GELORE
  • #95,263
  • Nov 3, 2008 8:38am Nov 3, 2008 8:38am
Quoting musani
My 2min chart say go long bro.
Sorry, that is my 5min chart. But pls don't follow me if im wrong.
GELORE
  • #95,264
  • Nov 3, 2008 8:40am Nov 3, 2008 8:40am
Quoting musani
As i say, it just a hope but no war pls.
It really fly bro but i suppose it's just a retrace before further downwards
  • #95,265
  • Nov 3, 2008 8:41am Nov 3, 2008 8:41am
this is volatility at its best
When life gives you lemons, make lemonade
  • #95,266
  • Nov 3, 2008 9:04am Nov 3, 2008 9:04am
Already 500++ pips drop from the highest.
This is crazy
  • #95,267
  • Nov 3, 2008 9:09am Nov 3, 2008 9:09am
I don't dare went long, enjoy ride on the trend, went short 1.6969, closed 1.6899, +70 pips !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #95,268
  • Nov 3, 2008 9:10am Nov 3, 2008 9:10am
Quoting gagakrimba
Already 500++ pips drop from the highest.
This is crazy
If just +50 only
GELORE
  • #95,269
  • Nov 3, 2008 9:13am Nov 3, 2008 9:13am
Quoting manize
Enjoy ride on the trend, went short 1.6969, closed 1.6899, +70 pips !
When was that ???
  • #95,270
  • Nov 3, 2008 9:15am Nov 3, 2008 9:15am
when the eur touches 1.2783...
then go down...

did u missed the train?
me too...

Quoting gagakrimba
When was that ???
Money management is good for your health...
  • #95,271
  • Edited 9:38am Nov 3, 2008 9:18am | Edited 9:38am
Quoting gagakrimba
When was that ???
18 minutes ago bro ! No time to post , because the duration between entry and out only 3 minutes, busy with trailing stop !
Attached Image (click to enlarge)
Click to Enlarge Name: retrace031108.gif Size: 41 KB
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #95,272
  • Nov 3, 2008 9:51am Nov 3, 2008 9:51am
Darn it I go out AGAIN because I have to and come back with a 350 pip drop, and I was short at 6359 and closed for +70. wish i'd just let her ride now. Oh well I'm up and that is all that matters
please DON'T copy my trades I am still learning
  • #95,273
  • Nov 3, 2008 9:57am Nov 3, 2008 9:57am
Same here, I had a quick look very early am when it was at 1.6395 but didn't jump on
  • #95,274
  • Nov 3, 2008 9:58am Nov 3, 2008 9:58am
May sound amature.. but any idea when it will touch 1.6035
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  • #95,275
  • Nov 3, 2008 10:03am Nov 3, 2008 10:03am
well i made 2 trades today so far, +74 and +33 ... im thankful to god its all positive!!!
When life gives you lemons, make lemonade
  • #95,276
  • Nov 3, 2008 10:05am Nov 3, 2008 10:05am
Quoting Invest_Master
May sound amature.. but any idea when it will touch 1.6035
probably not soon... but lets see what is the low of today... i see it sink very hard
When life gives you lemons, make lemonade
  • #95,277
  • Nov 3, 2008 10:05am Nov 3, 2008 10:05am
I know UK economy is already in recession...and that euro zone may go there too....but US does not seem to be in better shape... ISM was much weaker than expected, and still USD going up.

Looks like everybody is convinced that US economy is the best and strongest world economy nowadays... I just cannot believe it...
  • #95,278
  • Nov 3, 2008 10:05am Nov 3, 2008 10:05am
i am not going short anymore until i see a retracement!!! this is risky

of course no longs at all
When life gives you lemons, make lemonade
  • #95,279
  • Nov 3, 2008 10:07am Nov 3, 2008 10:07am
next possible target 1.5736 but big resistance at 1.58 until 1.5812 (2 Fibonacci lines together) so expect a bounce over there
When life gives you lemons, make lemonade
  • #95,280
  • Nov 3, 2008 10:10am Nov 3, 2008 10:10am
my opinion is that thats it for the bears for the moment... im expecting a bounce up now from 1.5812... lets see

but dont go long ever
When life gives you lemons, make lemonade
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